Private mortgage insurers saw spirited competition in 2015, both within their own ranks and against a surge in government-insured products, especially the FHA program, according to a new market analysis and ranking by Inside Mortgage Finance. Private MIs wrote coverage on an estimated $219.64 billion in mortgage originations last year, a 23.2 percent increase from 2014. The estimate includes $315 million in coverage on Home Affordable Refinance Program loans provided by the three MIs in run-off mode. The private MI business surge included...[Includes three data tables]

The REIT's new broker-dealer unit is now fully staffed and is in the regulatory application process...

Shrinkage? Thanks to the CSP, changes in reps and warrants, cyber security and more, Freddie Mac continues to hire new workers...

In particular, Watt expressed his concerns about January 1, 2018 when Fannie and Freddie – as promulgated by the U.S. Treasury – are forced to have a capital “buffer” of zero dollars.

The shareholders demanded that a planned large acquisition of single-family homes by Altisource be halted...

The CEO noted that Freddie Mac has made great inroads in doing more business with small to medium-sized lenders, but also said that when it comes to the GSE’s credit box, “it is not being fully used” by the industry.

The bill containing the language on VA loan limits was agreed to by a voice vote on Feb. 9 and was sent to the Senate.

Wells Fargo continues to cut workers tied to the servicing function...

Bill Erbey controls blocks of Ocwen's stock in his own name, but also through limited partnerships and limited liability corporations.

Texas Capital said the economics of the program are not as strong as originally projected...